Do integrated economies grow faster? evidence from domestic equity holdings
This paper aims to investigate the impact of financial integration on economic growth. Home bias, which is the tendency of over-investing in domestic stock bourse, is proposed as a proxy of advanced financial integration. The persistence of home bias reflects the existence of international friction....
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Economics Bulletin
2017
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Online Access: | http://psasir.upm.edu.my/id/eprint/61511/1/Do%20integrated%20economies%20grow%20faster%20evidence%20from%20domestic%20equity%20holdings.pdf |